Ocean view
1 / 10This premier mixed-use commercial landmark, known locally as Centro Comercial El Barco, occupies a high-visibility position in the bustling Paso Díaz area of Jacó, within the Garabito canton. Offered at USD 4900000, this income-generating asset spans a generous land size of 3545.21 m² and features 1500 m² of robust construction. The property layout is strategically designed to maximize diverse revenue streams, housing 15 busy commercial storefronts alongside 7 residential apartments. Additionally, the estate includes a detached three-bedroom house that commands premium rental rates of up to 3,500 dollars monthly, bringing the total bedroom count across the entire compound to 10.
Investors will appreciate the immediate cash flow generated by an established eighty percent occupancy rate, with clear avenues to optimize lease structures and expand the physical footprint. The central location ensures constant pedestrian traffic and offers ample parking for patrons. Under Costa Rican law, foreign buyers enjoy the security of fee-simple ownership, as this titled property sits outside the restrictive maritime concession zones. Buyers should anticipate standard closing costs, including a property transfer stamp tax of approximately 1.5 percent of the declared transaction value, with the total closing bundle for legal, notary, and registry fees generally ranging between 2 and 4 percent. Annual property taxes are assessed on the registered cadastral value. This versatile commercial hub represents a rare, high-yield acquisition in the heart of one of the country's most energetic coastal economies.
Centro Comercial El Barco represents a highly strategic acquisition for institutional buyers or private syndicates seeking a diversified commercial foothold in Jacó's high-traffic Paso Díaz sector. Priced at $4,900,000, this mixed-use asset features a 1,500-square-meter footprint on a 3,545.21-square-meter parcel, yielding a competitive entry cost per square meter for prime central real estate. The property’s current 80 percent occupancy rate provides immediate cash flow from 15 commercial storefronts and 7 residential apartments, alongside a detached three-bedroom house that commands up to $3,500 per month in rental income. Investors can optimize returns toward a 10 percent cap rate by transitioning the residential units between stable long-term leases and high-yield short-term vacation rentals, while utilizing the remaining land for physical expansion.
Costa Rica's robust legal framework supports this investment, offering foreign buyers secure, fee-simple ownership identical to local citizens, as this titled property sits entirely outside the restricted maritime concession zones. Transaction costs are predictable; buyers should budget approximately 1.5 percent of the declared value for the property transfer stamp tax, with the comprehensive closing bundle—covering notary, registry, and legal fees—typically ranging from 2 to 4 percent of the purchase price. Additionally, the scale of this transaction comfortably exceeds the threshold required to apply for the country's residency-by-investment program. The ideal exit strategy involves holding the asset for long-term capital appreciation in Jacó’s rapidly densifying commercial corridor, with the option to eventually sell the modernized, fully occupied complex to an institutional fund.
Model rental income for this property with our rental income calculator.
Centro Comercial El Barco is situated in the Paso Díaz area of Jacó, Garabito, Puntarenas, Costa Rica. This central location positions the property within a highly accessible coastal hub, where the convenience of a developed town center meets the appeal of a famous Pacific beach destination. Investors looking to buy property in Costa Rica will find that this micro-location offers immediate proximity to essential amenities, including local medical clinics, supermarkets, and a diverse selection of dining and retail options. The regional infrastructure ensures straightforward travel to the international airport in San José, making the area highly attractive to international visitors, remote workers, and long-term residents alike.
The local climate supports a year-round outdoor lifestyle, drawing surf enthusiasts to the nearby waves of Playa Hermosa and visitors looking for a beach property Jaco. This active, coastal atmosphere drives the steady demand for both commercial services and residential rentals. Garabito is part of Costa Rica's diverse property landscape, offering a unique blend of local commerce and international appeal. This makes real estate Jaco Costa Rica highly sought after, especially for mixed-use assets that cater to both the local community and the tourism sector.
For international buyers, Costa Rica provides a favorable investment environment with fee-simple ownership rights that protect foreign investors, though separate regulations govern maritime concession zones. Purchasing this property involves standard transaction costs, including a property transfer stamp tax based on the declared transaction value, alongside a closing bundle covering notary, registry, and legal fees. Ongoing ownership is subject to an annual property tax calculated from the registered cadastral value. Additionally, the significant investment threshold of this asset aligns with the requirements for national residency-by-investment programs, offering a structured pathway for buyers looking to establish a permanent presence in the region while operating a high-yield commercial venture.
Explore more about this area on our regional guide page.
This prime commercial complex in the Jacó district of the Garabito canton represents a rare, high-yield investment opportunity. Spanning a generous land size of 3545.21 m² with a substantial construction footprint of 1500 m², the property is structurally designed for maximum utility and durability. The layout features a diverse mix of fifteen commercial units on the ground level, engineered with high-visibility storefronts, robust concrete construction, and dedicated customer parking to ensure steady pedestrian traffic.
The residential component of this compound-style property includes seven independent apartments alongside a private three-bedroom house, totaling 10 bedrooms across the entire estate. The primary three-bedroom residence features a spacious kitchen and comfortable living areas, serving perfectly as an owner's quarters or a premium rental asset.
Strategically positioned in the high-traffic Paso Díaz area, the estate is fully equipped with reliable municipal water, high-capacity electricity, and high-speed internet infrastructure. Priced at USD 4900000, this versatile property offers immediate cash flow with an established eighty percent occupancy rate, alongside clear physical space for future structural expansion.
Acquiring Centro Comercial El Barco is a straightforward process for international buyers, as Costa Rican law grants foreign nationals the same fee-simple ownership rights as citizens. Because this commercial landmark is situated outside the restricted maritime zone, you can hold the title directly in your own name or through a local corporation. The transaction involves standard closing costs, which generally bundle notary fees, registry charges, and legal stamps into an amount totaling between two and four percent of the purchase price. Additionally, a property transfer stamp tax of approximately 1.5 percent of the declared transaction value applies. Ongoing ownership requires a modest annual property tax calculated from the registered cadastral value of the complex. Furthermore, the $4,900,000 purchase price comfortably exceeds the government investment threshold, making the buyer eligible to apply for investor residency status in Costa Rica.
Review title types and due diligence in our fee simple vs concession guide.
To understand the true value of Centro Comercial El Barco, one must understand the magnetic pull of Jacó itself—a dynamic coastal destination that has evolved from a quiet surf town into one of Central America’s most vibrant, high-energy beach communities. For international investors, lifestyle buyers, and corporate entities, Jacó represents the ultimate realization of the Costa Rican dream: a place where the relaxed, sun-drenched rhythm of the Pacific coast seamlessly blends with modern, first-world infrastructure and sophisticated urban amenities. This is a location defined by its dual identity, attracting both the passionate outdoor enthusiast who starts their day catching world-class waves at sunrise, and the discerning professional who demands reliable high-speed internet, gourmet dining, and seamless international connectivity. Nestled within the coveted Paso Díaz sector, this property positions its owner at the absolute epicenter of this coastal lifestyle. Residents and visitors can step out of their doors and immediately immerse themselves in the local culture, walking down palm-lined streets to explore trendy boutiques, artisan markets, and an eclectic culinary scene that rivals major metropolitan areas.
The aspirational appeal of owning a premier mixed-use asset in this thriving hub cannot be overstated. For the visionary buyer, this property is not merely a collection of commercial storefronts and residential units; it is a prestigious foothold in one of the most resilient and rapidly appreciating real estate markets in the region. Acquiring an asset of this scale in the heart of Jacó signals a commitment to long-term wealth preservation, passive income generation, and a lifestyle elevated by the natural beauty of Puntarenas. It appeals directly to the high-net-worth individual or investment group seeking to diversify their portfolio with tangible, cash-flowing real estate in a country celebrated for its political stability, welcoming culture, and commitment to sustainable growth. Here, the dream of transitioning away from volatile traditional markets into a tangible, tropical sanctuary becomes a reality. The next owner of Centro Comercial El Barco will not just be purchasing real estate; they will be inheriting a landmark legacy property that captures the very essence of Jacó’s modern renaissance, offering a sophisticated coastal lifestyle balanced by robust, diversified commercial returns.
Principal broker

In Costa Rica since 2004
Principal broker

In Costa Rica since 2004
Jacó, Garabito, Puntarenas